FOMO model by Tom Lee from Fundstrat
Back in 2019, when Bitcoin was worth $10,000, Lee said that the main wave of FOMO in the market occurs on the 3% of days when Bitcoin trades above a certain price. Then movements of 200%-400% occur. We all know what happened next in those days: Lee turned out to be right
Based on today's market, less than 3% of days BTC was above the $50,000 level . Thus, if this FOMO pattern continues, then we could expect a movement to $100,000 - $200,000 after breaking through $50,000 $BTC